How Do I Update/Amend My Mortgage License Record?
Licensees must keep their records updated in NMLS in accordance with the laws and rules to ensure that the Department has the most accurate information and to avoid any potential violations. Updates/Amendments that must be filed with the Department include, but are not limited to, changes in executive officers, ownership, legal name, legal status, address, trade names, and branch changes. Please note that some amendments require prior approval by the Department before they become effective.
APPLICATION and REQUIREMENTS
•All mortgage license amendment filings must be made through the Nationwide Mortgage Licensing System & Registry (NMLS). Click HERE to access NMLS.
•Click HERE to access the GA Mortgage License Amendment Requirements Checklist in NMLS.
AMENDMENT APPLICATION FEES
•Addition or Modification of Executive Officers/Control Persons - $0 plus additional NMLS fees
•Addition or Modification of Direct Owners/Indirect Owners - $500 plus additional NMLS fees ($500 Fee will be assessed in NMLS as an agency fee invoice once application is complete.)
•Change in Branch Manager - $0 plus additional NMLS fees
•Change in Legal Name - $0
•Change in Legal Status - $0
•Change in DBA/Trade Name -$0
•Change in Address - $0
•Other Miscellaneous Changes (e.g. Updating Registered Agent, Disclosure Questions, Citizenship Status, etc.) - $0